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The UK motor insurance market has reported a net combined ratio (NCR) of 96.8 percent in 2017, the best result since 1994 and the second best since records began, according to EY’s Annual UK Motor Insurance Results. 28 June 2018
Insurance
American International Group (AIG) is taking over Validus in order to diversify the business into reinsurance and to add a Lloyd’s syndicate, management suggested in a Jan. 22 conference call discussing the deal. 22 January 2018
Insurance
The broker has enjoyed a compound annual growth rate of 35% over the past 25 years. 20 January 2020
Insurance
Insurance agency The Hilb Group (THG) has acquired New Jersey-based LCIA, Inc. DBA Campisano Insurance Agency (LCIA). 16 October 2019
Insurance
General insurer RSA has restructured its specialty business with a new global risk solutions (GRS) operating model, and named division heads. 8 February 2017
Insurance
US insurers are generally welcoming the corporate tax reform but are cautious against unintended consequences, according to analysts from research firm CreditSights. 8 December 2017
Insurance
Czech Republic-based reinsurer VIG Re has appointed Aleš Mirnik as new head of Central & Eastern Europe, succeeding Petr Štěpán. 19 July 2019
Insurance
Germany-based global reinsurer Munich Re expects to report a consolidated result of approximately €1 billion for the second quarter of 2019. 19 July 2019
Insurance
Independent Lloyd’s broker AFL Insurance Brokers has hired experienced brokers Mark Ritson and Peter Draper as directors of international property and energy. 19 July 2019
Insurance
Broker Marsh has reached an agreement with AXA Group to acquire Bluefin Insurance Group (Bluefin), a broker network and managing general agent business owned, which is a subsidiary of AXA UK. 14 November 2016
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